On Dec. 17, MLY CB issued proposal re payment services regulatees.
MLY CB issued exposure draft on technology risk management requirements for payment services regulatees, with the aim of enhancing cyber security baseline.
In addition, to strengthen protection against cybercrime for payment services, support secure adoption of technological innovation, and consolidate technology requirements.
Scope of application includes approved electronic money issuers (EMI), registered merchant acquirers (MA), as well as all licensed money services businesses (MSB).
